Friday , October 18, 2024

Search Results for: banking

Fixing the Online Checkout

E-commerce checkouts are still too clunky. Now, efforts by payments experts and at least one new network may at last solve that problem. In the battle for the e-commerce checkout—with a successful sale counting as a win—the accelerated checkout is gaining favor. One contender that’s not even available yet may …

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Cutting Fraud Down to Size

These days, fighting bad actors without automation is worse than useless. It’s dangerous to the bottom line. Automation is often thought of as a threat to humans’ jobs. I’d argue that mindset is very limiting. Technology and humans are complementary. Automation is here to enhance human actions and increase their …

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Nuvei Launches Issuing Program And Other Digital Transactions News briefs from 11/29/23

Nuvei Corp. launched card issuing in 30 markets in Europe with 2024 plans to expand it to the United Kingdom, the United States, and Latin America. The program enables clients to offer physical and virtual white-labeled cards. Payments-technology provider BHMI said it will market its software through a reseller agreement with NCR …

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AppBrilliance Lands Truist Outlay And Other Digital Transactions News briefs from 11/21/23

Real-time account-to-account payments provider AppBrilliance announced it closed an investment from Truist Ventures, the venture-capital arm of Truist Financial. Terms were not announced. AppBrilliance works with The Clearing House’s Real Time Payments network as well as FedNow, the real-time network from the Federal Reserve. Pay Plantation LLC, whose payment gateway allows merchants to accept e-checks …

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Bold Adds Link Money Pay-by-Bank Option And Other Digital Transactions News briefs from 11/17/23

Checkout-technology provider Bold Commerce said it is working with Link Financial Technologies Inc. to enable Bold Commerce’s client merchants to lower acceptance costs via Link Financial’s open-banking capabilities. Payments provider Bankful said it has enabled an integration to e-commerce platform Woo (formerly WooCommerce) to widen the choice of payments for Bankful client merchants to …

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2024 Juniper Trends Range from Account-to-Account Payments to Value-Added Services Atop FedNow

As 2023 winds down, Juniper Research is out with its top 10 trends for payments and fintechs in 2024. Chief among them is a challenge to cards in e-commerce and funding for wallets through account-to-account payments. Closely related is the prospect for FedNow, the nascent real-time payment service from the …

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Alkami in Plaid Tie up And Other Digital Transactions News briefs from 11/10/23

Digital-banking software provider Alkami Technology Inc. said it has enabled access for client banks to open-banking network Plaid via an application programming interface. Lightspeed Commerce Inc., a specialist in payments processing for the hospitality industry, launched “Luminaries,” a planned series of interviews with the leaders of client businesses, starting with the corporate …

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The CFPB Aims To Increase Its Oversight of Non-Bank Digital Wallet Providers

The Consumer Financial Protection Bureau late Tuesday said it is expanding its efforts to increase oversight of large, non-bank technology firms with a proposed rule that would subject companies that issue digital wallets to the same regulations as those that cover wallets from financial institutions. The proposed rule, which would …

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Chargebacks911 in FTC Settlement And Other Digital Transactions News briefs from 11/8/23

The Federal Trade Commission and the state of Florida reached a settlement with Chargebacks911 in a lawsuit they filed in April alleging the company and its owners use multiple unfair techniques to prevent consumers from winning chargeback disputes. The settlement would prohibit them from providing chargeback mitigation services to high-risk clients that use affiliate …

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PSCU And Co-op Solutions Merge to Create a Potential Fintech Powerhouse for Credit Unions

Long-time credit union service and financial-technology providers PSCU and Co-op Solutions announced a merger late Monday. The merged entity, which has yet to be named, will create an end-to-end payments system for credit unions of all sizes, PSCU chief executive and president Charles E. “Chuck” Fagan, promised during a press …

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Digital Transactions